Despite the negative attention Goldman Sachs received after a former executive opined in the Times about why he was leaving his posh job, shareholders of the company—including women religious—lost a battle to get the pay levels of the investment bank investigated[3]: “The 2012 proposal would have asked for an independent board to review the risks, including reputational risks, associated with high executive compensation levels and disclose the findings to shareholders. ‘We were asking for an examination of whether Goldman's pay levels were appropriate,’ said Laura Campos, director of shareholder activities at the Nathan Cummings Foundation. ‘If people are only motivated by extremely high compensation, it focuses them on the wrong things and can be harmful to the culture.’” Goldman Sachs says it’s already complied with the request and the SEC sided with the bank. (You can read more about shareholder activism here[4].)